Both are in emerging entrepreneurial countries，188bet login’s taxi-hailing software market has similarities with China，There are also weird regional characteristics。These features portend greater risks，Still more vigorous vitality？The following nine paragraphs can give you a quick understanding of the Indian taxi market。

1. There is a traffic jam in Beijing，At least there are traffic jams；There is a traffic jam in 188bet login，Chickens, ducks, cattle and sheep are all inside，No one can leave。

188bet login’s urban roads are notorious，Congestion，Confusion，Animals often come in。“Imagine the traffic in New York，Multiply by 10，And remove the traffic regulations。”The international volunteer organization UBELONG described the traffic situation in Delhi, 188bet login in a report。What is not quite commensurate with the appearance of such a city， 188bet login’s technology industry is developed，And there are a large number of wealthy middle class people who have high requirements for travel convenience and comfort。

2. In New Delhi，The price of a parking space is sometimes higher than the price of an apartment。

Akshay Koshedrapa is a senior manager working in Delhi, 188bet login，I recently sold my private car，Switch to taxi app to work。As Uber CEO Travis Kalanick once said: “Make Uber efficient，Make the most of your car，Ultimately taking a taxi will be cheaper than owning a car。“City parking shortage in 188bet login，The cost of car ownership is extremely high。The price of a parking space is sometimes higher than the price of an apartment。188bet login's "Economic Times" report，Many experts in 188bet login now、Automobile manufacturer、Sellers believe it，Taking a taxi instead of buying a car will become a new trend in urban areas in 188bet login。

3. 188bet login is one car for four people in Beijing，12 people in Delhi have 1 car。

Contrary to the impression given by chaotic and blocked roads，The car ownership rate in 188bet login is very low，In the United States，About 800 cars per 1,000 people，Owning a car as an adult is almost a basic right。And in 188bet login，There are only 18 cars per 1,000 people，A large number of young people cannot afford to buy a car。Economy、The fast taxi-hailing software undoubtedly has broad prospects，The market size is estimated to be 300 billion rupees (approximately 29.2 billion yuan)。

4. Uber 188bet login CEO says taxi-hailing industry is “new bull market”。

The two largest share of Indian taxi-hailing apps are local Ola and American 188bet login。Currently there are two taxi-hailing companies, 188bet login and Ola，The total daily driving income reaches 600,000 rupees (approximately 58,200 yuan)，And increase by 20%-25% every month，Thriving。

May this year，Uber’s Asia division announced it has received US.8 billion in financing，Will mainly invest in the Chinese and Indian markets；End of July，It is clear that US0 million will be invested in 188bet login in the next 9 months。Uber 188bet login President Amit Jain also predicted，Within 6-9 months，The company’s daily number of trips exceeds one million。Current 50,000 drivers，Strive to expand to 200,000 by 2016；Expanded operating cities from 11 to 18。

Although the consumer market is generally optimistic about taxi-hailing software，The investment market has different voices。From a consumer perspective said Paras Adenwala, chief investment analyst at Mumbai-based investment firm Capital Portfolio Advisors.，The convenient service of taxi-hailing software is very good，But from an investor’s perspective，These companies are not so good。They have no return on investment。”According to the financial situation in 188bet login，He also noted that “once interest rates rise，These companies will face financial problems。“High interest compared to banks and related investment products，No rate of return within a certain period of time、And the attractiveness of high-risk taxi-hailing software to investors will be greatly weakened。

5. It’s the kind of car that sways left and right on the road，A tin-clad tricycle calmly blocking the driveway，You can also recruit them using 188bet login！

As an outsider，Uber has also pioneered many world-first measures in 188bet login，To cater to local consumers。For example, UberGO features small hatchbacks and cheaper prices；There are also three-wheeled iron-clad cars that can be seen all over the streets in 188bet login，Also included in UberAuto；Enhanced security design，For example, SOS button and driving status feedback, etc.；The derivative service integrates 188bet login’s local restaurant-finding software Zomato、Medical software Oxxy (includes free ambulance calling service、Health services for drivers and passengers)；UberPOOL, a ride-sharing service, will be launched in the future。

6. How can such a simple and elegant online payment be possible，Swinging around and around is the 188bet login style of painting。

Based on the payment habits of Indian people，Uber is trialling cash payments for the first time this year in Hyderabad, the “tech capital” in central 188bet login。The central bank of 188bet login also imposed restrictions on Uber’s online payment system last year，All transactions must be settled in Rupees，And has a two-step safety procedure。Uber had to develop a local payment system in 188bet login。

7. 188bet login has always been a black business operating without a license.

The case of Uber driver raping a female passenger that occurred late last year shocked the whole of 188bet login。The Delhi government subsequently issued a supplementary law targeting taxi-hailing software。According to supplementary law，Uber’s operating license has been canceled。But Uber continues to operate without a license。

In June this year, a large number of taxi drivers protested against 188bet login，Delhi government issues more thorough ban on 188bet login，Demand 188bet login to withdraw from Delhi area。But 188bet login later appealed to the Delhi Supreme Court，Obtained court support。July，The court ordered the government to suspend the ban，And it is recommended that the government change "complete ban" to "conditional permission"。However，The court still rejected 188bet login’s appeal to reinstate its business license。

8. “Indian Jack Ma” invested in Ola, the largest local 188bet login app，He has also invested in Xiaomi and Alipay。

In 188bet login’s local taxi app，Ola the best、TaxiForSure、Meru Cabs, three taxi-hailing software companies have experienced competition for several years，Ola took the top spot in the end，Acquired TaxiForSure for US0 million earlier this year，Currently valued at US billion，And the market share far exceeds Meru Cabs。Ola received SoftBank’s investment in October last year.100 million US dollars investment，3 more wins in April.USD 1.5 billion in new capital，Investors include UK-based Tiger Global、Steadview Capital in Hong Kong and Accel Partners in the United States。

June，One of the most successful businessmen in 188bet login、Tata Group Chairman Ratan Tata also became an investor in Ola。The Tata Group made its fortune by producing and selling the “Indian version of the QQ car”，Business across aviation、Electricity、Steel、IT and many other industries。The Indian startups that Mr. Tata has previously invested in 188bet login include Xiaomi and Alipay。But the amount of investment in Ola has not been disclosed。Ola currently has more than 100,000 vehicles in 67 cities，The TaxiForSure it acquired has more than 1,500 vehicles in 47 cities。

9. Except taxi-hailing software，There are many rising startups in 188bet login。

188bet login’s entrepreneurial ecosystem is on the rise，Except taxi-hailing software，There are many new companies worth noting。We will continue to confront 188bet login，Bring more in-depth reports。